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MEXICAN SENATE LAUNCHES REC PUSH

Mexico’s Senate will reportedly¬†vote to legalize REC in coming days, a major step towards full legalization in a country where violent drug cartels have long had outsized influence. Mexico’s leftist President Andres Manuel Lopez Obrador has indicated he supports legalization.
Reuters

  • If the bill passes the senate it would move to the lower chamber where Obrador’s MORENA party also holds a majority.
  • There have been calls in the party for a state-run monopoly on the REC market though others want more private sector involvement.

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